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H1 is successful for LVMH Perfumes & Cosmetics
31 Jul '08
5 min read
Perfumes & Cosmetics: success in all its product categories Perfumes & Cosmetics recorded organic revenue growth of 13% and a 22% increase in profit from recurring operations in the first half of 2008.
Parfums Christian Dior won further market share and continued its remarkable momentum. Dior benefited from the vitality of its major classic product lines, particularly J'Adore, Miss Dior Chérie, Poison and Eau Sauvage, which continue to achieve exceptional growth.
The success of its make-up range has been spectacular. Dior skincare is progressing regularly. Guerlain achieved further growth boosted in particular by its star make-up line, Terracotta, its new mascara, Le 2, and its skincare line, Orchidée Impériale.
The increasing strength of Ange ou Démon at Givenchy and the strong momentum of BeneFit, Make Up For Ever and Kenzo also contributed to the performance of this business group.
Watches & Jewelry: strong increase in profitability Watches & Jewelry recorded organic revenue growth of 15%. Profit from recurring operations rose by 30%.
TAG Heuer confirmed its momentum with the success of its Grand Carrera line. Zenith saw sustained growth in its high-end classic watch collections. Christian Dior watches strengthened its synergies with fashion and jewelry.
Chaumet grew thanks to the launches of Class One “Croisiere” and the new creations in its Attrape-Moi collection. De Beers continued its sustained growth with the expansion of its store network. Fred relaunched the legendary Force 10.
The first half was notable for the acquisition of the Hublot brand which complements LVMH's watchmaking portfolio.
Selective Retailing: strengthened market positions Selective Retailing posted organic reven Selective Retailing: strengthened market positions
Selective Retailing posted organic revenue growth of 13% and increased its profit from recurring operations by 5% in the first half of 2008.
Good revenue growth in US dollars at DFS was led by the increasing contribution from its Chinese clientele. Its recently opened stores had promising starts in the first half, notably in Vietnam and in the new terminal at Singapore Airport. DFS also opened in India and is near completing its Galleria in Macao, which will open in the second half of the year.
In the first half of 2008, Sephora confirmed its excellent momentum in both revenue and profitability in all regions. Thanks to its innovative commercial strategy, Sephora continues to win market share in Europe and the United States.
The expansion of its distribution network continued with, notably, the opening of its first store in the Netherlands and further development in Canada.
Parfums Christian Dior won further market share and continued its remarkable momentum. Dior benefited from the vitality of its major classic product lines, particularly J'Adore, Miss Dior Chérie, Poison and Eau Sauvage, which continue to achieve exceptional growth.
The success of its make-up range has been spectacular. Dior skincare is progressing regularly. Guerlain achieved further growth boosted in particular by its star make-up line, Terracotta, its new mascara, Le 2, and its skincare line, Orchidée Impériale.
The increasing strength of Ange ou Démon at Givenchy and the strong momentum of BeneFit, Make Up For Ever and Kenzo also contributed to the performance of this business group.
Watches & Jewelry: strong increase in profitability Watches & Jewelry recorded organic revenue growth of 15%. Profit from recurring operations rose by 30%.
TAG Heuer confirmed its momentum with the success of its Grand Carrera line. Zenith saw sustained growth in its high-end classic watch collections. Christian Dior watches strengthened its synergies with fashion and jewelry.
Chaumet grew thanks to the launches of Class One “Croisiere” and the new creations in its Attrape-Moi collection. De Beers continued its sustained growth with the expansion of its store network. Fred relaunched the legendary Force 10.
The first half was notable for the acquisition of the Hublot brand which complements LVMH's watchmaking portfolio.
Selective Retailing: strengthened market positions Selective Retailing posted organic reven Selective Retailing: strengthened market positions
Selective Retailing posted organic revenue growth of 13% and increased its profit from recurring operations by 5% in the first half of 2008.
Good revenue growth in US dollars at DFS was led by the increasing contribution from its Chinese clientele. Its recently opened stores had promising starts in the first half, notably in Vietnam and in the new terminal at Singapore Airport. DFS also opened in India and is near completing its Galleria in Macao, which will open in the second half of the year.
In the first half of 2008, Sephora confirmed its excellent momentum in both revenue and profitability in all regions. Thanks to its innovative commercial strategy, Sephora continues to win market share in Europe and the United States.
The expansion of its distribution network continued with, notably, the opening of its first store in the Netherlands and further development in Canada.
LVMH
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